This is exactly why I'm asking the question, because it may be the case that some of these investors would be better off either purely treating this as a flip or just moving on from this deal if they can't flip it and get their cash back within a few months. 

I hire local professionals for inspections and cleaning, but even then, I’ve run into issues where things were missed because I wasn’t physically there.3.Tools: I use software like Tenant Cloud for rent collection and maintenance tracking, but no tool can replace having someone who can physically check on properties.

A 30% above the cost of non-renewable energy was, at that time, considered marketable, more than that and they did not generally build after permitting.BTW, on government land leases there are requirements to mitigate impacts, so replacement land is required if the land used is habitat for certain species. 

This is not a great return, but not terrible.As others noted, there are other risks, like having the property insured at full replacement or purchase price, or if the option is 100% seller financing with no money down or very little, versus 20% traditional down payment, this can start to move it into a better investment.

Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or so high)- Last Sold: 8/2021 for $281K- Roughly 1400 sqft- Some cosmetic work needed- $25K left on solar loan- The home was build in 2004 and it looks like it has the original AC unit, so I am assuming that needs to be replaced too. - 2 story house with very small rooms and and 2 steps down, imminently as you enter the front door.- Gated community and in a reasonable HOA. - The home is 2 payments behind and already got a letter from the lender about future foreclose.

Boot includes any cash retained or the difference if the replacement property is of lower value than the relinquished property.

The average homeowner is estimated to be underinsured by 40% based on replacement costs and that doesn't include the interior contents and assets, many of which are in the multi and even mega millions.

At that point, he won’t receive any further compensation, and I’ll seriously consider replacing him.By the way, do you have any recommendations for good eviction lawyers?"

Being an LP is purely based on trust.  

It took me 11 years, 25 properties, and 76 doors just to replace my income.